210 Zappos workers leave over no-boss system

Source: Zappos | Facebook

Source: Zappos | Facebook

More than 200 employees at Zappos have opted to buy out of the company rather than ride out the transition to pure Holacracy, reports Fastcompany.com. (Tweet this)

Holacracy is a management style that relies on a lot of self-management and self-organization. The concept challenges the traditional top-down approach, and leans to towards a model in which each employee is his or her own leader.

Zappos is among the most visible companies using Holacracy. But in a leaked memo Zappos CEO Tony Hsieh offered those who did not want to continue with the new management style a buyout offer. Those who opted out make up about 14 percent of the company (210 people out of 1,503).

Read More Zappos eyes ‘surge’ in bid to pay more for tough shifts

Read an excerpt of the memo below, obtained from fastcompany.com:

As previously stated, self-management and self-organization is not for everyone, and not everyone will necessarily want to move forward in the direction of the Best Customers Strategy and the strategy statements that were recently rolled out. Therefore, there will be a special version of “the offer” on a company-wide scale, in which each employee will be offered at least 3 months severance (and up to 3 months of COBRA reimbursement for benefits) if he/she feels that self-management, self-organization, and our Best Customers Strategy and strategy statements as published in Glass Frog are not the right fit.

Zappos was acquired by Amazon in 2009.

Read the full coverage at fastcompany.com.

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